Flat management company directors offered a new online learning tool

Companies House has launched an awareness campaign aimed at flat management company directors.

Every year, Companies House receives complaints from residents living in shared buildings or properties such as flats. These can range from disputes between residents to the poor condition of carpets or paintwork in shared areas such as stairways. Unfortunately, Companies House has no powers to deal with these complaints.

Flat management companies are commonly set up by residents to manage communal areas of a shared property and the overall condition of the building. The residents of the property are usually the directors and shareholders of the company.

Each company is required by law to file accounts with Companies House every year. This can lead to confusion among some directors and shareholders over who’s responsible.

If you’re a flat management company director or thinking about setting one up, you need to know about your responsibilities to Companies House. This includes keeping information up to date and filing the necessary documents in a timely fashion.

A new online learning tool designed by Companies House will help you understand your responsibilities as a director.

Start our online learning tool about flat management companies.

The tool is completely free, works on any device and can be completed in just 25 minutes.

Image: Swansea Docks Marina, Wales by David Hughes / Adobe Stock

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About Dominique Fancelli

Dominique Fancelli writes about homeownership and investment opportunities in the property sector.

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